Rank: Newbie
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Joined: 2/8/2008(UTC)
Posts: 3
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Does anybody have the code for Ned Davis's Four Percent Model in MS format?
Thanks
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 4/27/2005(UTC)
Posts: 126
Location: Italy
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Probaby the same as Zweig's 4% model which shoul be as follows:
a:=If(PREV=1,If(CLOSE<HighestSince(1,PREV<>1,CLOSE)*.96,-1,PREV),If(PREV=-1,If(CLOSE>LowestSince(1,PREV<>-1,CLOSE)*1.04,+1,PREV),If(PREV=0,If(CLOSE>Lowest(CLOSE)*1.04,+1,If(CLOSE<Highest(CLOSE)*.96,-1,PREV)),PREV)));
D:=If(A=1,1,0);
LE:=D=1;
SE:=D=0;
regards.
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Rank: Newbie
Groups: Registered, Registered Users
Joined: 2/8/2008(UTC)
Posts: 3
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Excellent! Works as it should. Thank you, minnamor!
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Rank: Member
Groups: Registered, Registered Users, Unverified Users
Joined: 1/9/2007(UTC)
Posts: 16
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Hi,
Ii copied the formula into making a new indicator but it comes up blank on the graph.
What am I doing wrong??
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Rank: Advanced Member
Groups: Registered, Registered Users
Joined: 4/27/2005(UTC)
Posts: 126
Location: Italy
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Plot variable D in an inner window as a binary indicator, i.e. 1 = long; 0 = out of market (or short). There is no variable to plot on graph.
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